WASHINGTON (1/28/14)--On Monday, the Credit Union National Association nominated four credit unions to be part of the Bank Secrecy Act (BSA) Advisory Group for the Financial Crimes Enforcement Network.
In the letter, CUNA Deputy General Counsel Mary Dunn said that the nominated credit unions have been very active in BSA and payments issues, providing assistance to CUNA and others in regards to these topics.
They also have legal, regulatory and compliance staff that carefully analyze BSA issues and will be well-equipped to assist the credit union's representative who will be attending the advisory group meetings, the nomination letter said.
Hudson Valley FCU, Poughkeepsie, N.Y. Lisa Massey, director of risk mitigation, will be the representative for the $3.8 billion-asset credit union that serves more than 280,000 consumers and businesses in four New York counties;
First Commerce CU, Tallahassee, Fla. Andrew Price, general counsel, will be the representative for the $367 million-asset credit union with more than 39,000 members;
Wescom CU, Pasadena, Calif. Bryan Tinoco, BSA officer and Office of Foreign Assets Control administrator, will represent the $2.5 billion-asset credit union that serves seven California counties and more than 200,000 members; and
Kentucky Corporate FCU, Louisville. President/CEO Marsha Hahn will represent the corporate credit union that provides correspondent and payment services to 87 credit unions in Kentucky.